Civic Intelligence

L C Industries Inc

990 • Fiscal year 2018 • EIN 56-0686307

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileWWW.BUYLCI.COM

View Organization Page

4500 Emperor BoulevardDurham, NC 27703

(919) 596-8277

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

25th percentile

0.13x

Higher debt load relative to assets than 25% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

36th percentile

0.38x

Higher debt load relative to revenue than 36% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

51st percentile

$925,788

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Asset Growth

75th percentile

9.0%

Faster asset growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

79th percentile

15%

Faster revenue growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$199,894,262

Up $16,435,758 (+9.0%) from 2017

Net Assets

Up

$174,317,284

Up $9,844,110 (+6.0%) from 2017

Liabilities

Up

$25,576,978

Up $6,591,648 (+35%) from 2017

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin75th percentile

Revenue

Up

$67,625,356

Up $9,074,254 (+15%) from 2017

Expenses

Down

$57,781,246

Down $986,539 (-1.7%) from 2017

Net Income

Up

$9,844,110

Up $10,060,793 (+4643%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $179,954,516Liabilities 2010: $19,874,661Net Assets 2010: $160,079,8552010Assets 2011: $200,427,218Liabilities 2011: $18,885,196Net Assets 2011: $181,542,0222011Assets 2012: $196,517,222Liabilities 2012: $19,408,418Net Assets 2012: $177,108,8042012Assets 2013: $190,733,180Liabilities 2013: $19,066,108Net Assets 2013: $171,667,0722013Assets 2014: $198,741,782Liabilities 2014: $27,424,541Net Assets 2014: $171,317,2412014Assets 2015: $191,431,785Liabilities 2015: $23,628,395Net Assets 2015: $167,803,3902015Assets 2016: $188,094,431Liabilities 2016: $18,481,428Net Assets 2016: $169,613,0032016Assets 2017: $183,458,504Liabilities 2017: $18,985,330Net Assets 2017: $164,473,1742017Assets 2018: $199,894,262Liabilities 2018: $25,576,978Net Assets 2018: $174,317,2842018Assets 2019: $203,902,041Liabilities 2019: $24,658,808Net Assets 2019: $179,243,2332019Assets 2020: $208,660,341Liabilities 2020: $25,348,181Net Assets 2020: $183,312,1602020Assets 2021: $208,188,082Liabilities 2021: $22,627,799Net Assets 2021: $185,560,2832021Assets 2022: $199,406,608Liabilities 2022: $26,495,525Net Assets 2022: $172,911,0832022Assets 2023: $216,486,748Liabilities 2023: $36,530,520Net Assets 2023: $179,956,2282023Assets 2024: $237,338,924Liabilities 2024: $40,864,032Net Assets 2024: $196,474,8922024

Highlighted filing

2018

Assets$199,894,262
Liabilities$25,576,978
Net Assets$174,317,284
Open 2018 Filing

Operations Trend

Revenue Growth79th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$300M$200M$100M$0-$100MExpenses 2010: $44,691,4942010Expenses 2011: $44,348,3962011Expenses 2012: $53,911,8702012Revenue 2013: $56,925,019Expenses 2013: $62,366,751Net Income 2013: -$5,441,7322013Revenue 2014: $56,372,012Expenses 2014: $56,721,843Net Income 2014: -$349,8312014Revenue 2015: $68,905,403Expenses 2015: $72,383,799Net Income 2015: -$3,478,3962015Revenue 2016: $61,461,708Expenses 2016: $59,652,095Net Income 2016: $1,809,6132016Revenue 2017: $58,551,102Expenses 2017: $58,767,785Net Income 2017: -$216,6832017Revenue 2018: $67,625,356Expenses 2018: $57,781,246Net Income 2018: $9,844,1102018Revenue 2019: $70,414,612Expenses 2019: $65,488,663Net Income 2019: $4,925,9492019Revenue 2020: $68,096,867Expenses 2020: $64,027,940Net Income 2020: $4,068,9272020Revenue 2021: $66,526,381Expenses 2021: $64,278,258Net Income 2021: $2,248,1232021Revenue 2022: $48,935,731Expenses 2022: $61,584,931Net Income 2022: -$12,649,2002022Revenue 2023: $295,716,440Expenses 2023: $288,811,370Net Income 2023: $6,905,0702023Revenue 2024: $359,199,757Expenses 2024: $342,681,093Net Income 2024: $16,518,6642024

Highlighted filing

2018

Revenue$67,625,356
Expenses$57,781,246
Net Income$9,844,110
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$290,402,812
Mission and Program Overview

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR those who are blind and visually impaired.

To employ and teach the visually impaired

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$58,280,781$57,135,756▼ $1,145,025
Inventories for Sale or Use$41,477,295$43,835,524▲ $2,358,229
Land, Buildings, and Equipment, Net$37,414,386$36,656,050▼ $758,336
Investments in Publicly Traded Securities$27,902,728$28,938,287▲ $1,035,559
Accounts Receivable$13,939,089$19,845,278▲ $5,906,189
Savings and Temporary Cash Investments$1,561,190$10,532,556▲ $8,971,366
Intangible Assets$2,331,107$2,292,239▼ $38,868
Prepaid Expenses and Deferred Charges$549,634$658,572▲ $108,938
Total Assets$183,458,504$199,894,262▲ $16,435,758
Other Assets Total$2,294$0▼ $2,294
Liabilities
Accounts Payable and Accrued Expenses$15,639,983$21,845,072▲ $6,205,089
Other Liabilities$3,345,347$3,731,906▲ $386,559
Total Liabilities$18,985,330$25,576,978▲ $6,591,648
Net Assets / Fund Balance
Unrestricted Net Assets$164,473,174$174,317,284▲ $9,844,110
Total Net Assets Fund Balance$164,473,174$174,317,284▲ $9,844,110
Total Liabilities and Net Assets / Fund Balance$183,458,504$199,894,262▲ $16,435,758

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,199,169$29,710,782$37,909,951
Buildings$16,997,436$10,396,982$27,394,418
Leasehold Improvements$5,130,099$3,976,484$9,106,583
Other Land Buildings$2,516,859$5,627,325$8,144,184
Land$3,812,487-$3,812,487
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William HudsonCEOFT$569,598$356,190$925,788
Jeffrey HawtingPresidentFT$434,011$192,717$626,728
Patrick LindseyCOOFT$406,973$150,363$557,336
Marisa ChrismonChroFT$189,707$50,827$240,534
William BlacktonVP RetailFT$165,200$67,705$232,905
Duwayne GilbertsonVP Business DevelopmentFT$156,118$72,892$229,010
Susan JohnsonVP of FinanceFT$165,841$36,248$202,089
Richard StallingsFormer CFO (thru 6/30/17)FT$189,787$4,677$194,464
Scott SchrantzDirector DistributionFT$132,799$47,845$180,644
Derek ByrneDirector Information Tech.FT$137,329$37,357$174,686
Michael GraftonManager, Product DevelopmentFT$125,972$45,182$171,154
John SandersAnalyst, Retail OperationsFT$130,291$4,341$134,632

Board Members and Trustees

NameTitle
Bill KennonBoard Member
Ernie RoesslerBoard Member
Jim HolmesBoard Member
Joe M Lee IiiBoard Member
Richard M HutsonBoard Member
Ted GriffinBoard Member
Thom WhiteSecretary
Steve HarrisTreasuer

Highest Paid Contractors

ContractorServicesLocationCompensation
Clearview Audit LLCFreight Services6325 ODANA RD, Madison, WI 53719$998,446
CrispMarketing Services1122 OBERLIN ROAD, Raleigh, NC 27605$397,903
Golden Triangle Industrial Park LLCLeasePO BOX 80318, City Of Industry, CA 91716$214,992
Manhattan AssociatesSupply Chain Software2300 WINDY RIDGE PKWY SE, Atlanta, GA 30339$208,820
Tiger TechnologyIt11877 DOUGLAS ROAD, Alpharetta, GA 30005$148,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,350,757
Other Revenue
$66,274,599
Change in Net Assets
$9,844,110

Audited Revenue Reconciliation

Revenue per Audited Statements
$67,625,356
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$67,625,356
Total Revenue per Form 990
$67,625,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,804,205
Other Expenses$17,938,879
Grants and Similar Amounts Paid$3,038,162
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,324,219$5,242,819-$24,567,038
Office Expenses$12,010,251$953,924-$12,964,175
Other Employee Benefits$3,498,635$640,768-$4,139,403
Fees for Services Other$2,940,728$958,286-$3,899,014
Occupancy$3,361,315$243,166-$3,604,481
Pension Plan Contributions$2,552,566$916,620-$3,469,186
Depreciation Depletion$2,888,210$336,591-$3,224,801
Grants to Domestic Orgs$3,038,162--$3,038,162
Current Officers, Directors, Trustees, and Key Employees-$2,668,880-$2,668,880
Payroll Taxes$1,511,876$447,822-$1,959,698
Travel$200,808$287,619-$488,427
Insurance$387,230$96,537-$483,767
Advertising$180,178$69,490-$249,668
Fees for Services Accounting-$148,790-$148,790
Fees for Services Legal$16,148$54,350-$70,498
Other Expenses$-11,016,180$9,173-$-11,016,180
Total Functional Expenses$44,074,667$13,706,579$0$57,781,246

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$57,781,246
Expenses per Audited Statements$54,781,246
Total Expenses per Audited Statements$54,781,246
Expenses Not Reported on Financial Statements$3,000,000
Other Expense Adjustments$3,000,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
L C Industries FoundationDurham, NC501(c)(3)Operational Support$3,000,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Lee Air ConditionersBoard MemberA Board Member Listed in Part Vii Is Also a Stockholder of a Company That Was Compensated for Repairs and Maintenance of Equipment.No$266,256
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$2,196,063
Pension Liability$1,535,843
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed by management and then emailed to every board member prior to filing with the irs.”

Form 990, Part VI, Section B, Line 15

“Executive compensation is established by the ceo with board approval. Chro conducts annual national executive compensation study for benchmarking. Market data acquired annually by chro to update salary administration plan for all other positions to determine compensation. Available for review with ceo/president.”

Form 990, Part VI, Section C, Line 19

“Governing documents, financial statements, and conflict of interest policy are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
L C Industries Inc
EIN
56-0686307
Phone
9195968277
Address
4500 EMPEROR BOULEVARD, DURHAM, NC 27703

Signing Officer

Name
Susan Johnson
Title
VP of Finance
Phone
9195968277
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hudson
Formed
1958
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
8
Employees
909
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“L c industries inc. Is exempt from income taxes under section 501(c)(3) of the internal revenue code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The company determined that they do not have any material unrecognized tax benefits or obligations as of june 30, 2018 and 2017.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Grant to lci foundation 3,000,000.”

Raw XML AppendixShowing 400 of 875 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt824990
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt925233
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014079
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1111248
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1211627
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1329323
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1428408
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1521973
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1627357
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1727182
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt184341
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt194677
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1THOM WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm2RICHARD M HUTSON
IRS990/Form990PartVIISectionAGrp/PersonNm3TED GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE M LEE III
IRS990/Form990PartVIISectionAGrp/PersonNm5ERNIE ROESSLER
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM HOLMES
IRS990/Form990PartVIISectionAGrp/PersonNm7BILL KENNON
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM HUDSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFFREY HAWTING
IRS990/Form990PartVIISectionAGrp/PersonNm10PATRICK LINDSEY
IRS990/Form990PartVIISectionAGrp/PersonNm11SUSAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12MARISA CHRISMON
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM BLACKTON
IRS990/Form990PartVIISectionAGrp/PersonNm14DUWAYNE GILBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm15SCOTT SCHRANTZ
IRS990/Form990PartVIISectionAGrp/PersonNm16DEREK BYRNE
IRS990/Form990PartVIISectionAGrp/PersonNm17MICHAEL GRAFTON
IRS990/Form990PartVIISectionAGrp/PersonNm18JOHN SANDERS
IRS990/Form990PartVIISectionAGrp/PersonNm19RICHARD STALLINGS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8900798
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9601495
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10543257
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11190841
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12228907
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13203582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14200602
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15158671
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16147329
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17143972
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18130291
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19189787
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASUER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHRO
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP RETAIL
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR DISTRIBUTION
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR INFORMATION TECH.
IRS990/Form990PartVIISectionAGrp/TitleTxt17MANAGER, PRODUCT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18ANALYST, RETAIL OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt19FORMER CFO (THRU 6/30/17)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-108032
IRS990/GainOrLossGrp/SecuritiesAmt0351395
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt03038162
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03038162
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03038162
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02470
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt021334070
IRS990/GrossReceiptsAmt0290402812
IRS990/GrossRentsGrp/RealAmt036709
IRS990/GrossSalesOfInventoryAmt0267547599
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt023
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt096537
IRS990/InsuranceGrp/ProgramServicesAmt0387230
IRS990/InsuranceGrp/TotalAmt0483767
IRS990/IntangibleAssetsGrp/BOYAmt02331107
IRS990/IntangibleAssetsGrp/EOYAmt02292239
IRS990/InventoriesForSaleOrUseGrp/BOYAmt041477295
IRS990/InventoriesForSaleOrUseGrp/EOYAmt043835524
IRS990/InvestmentIncomeGrp/ExclusionAmt01107394
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01107394
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027902728
IRS990/InvestmentsPubTradedSecGrp/EOYAmt028938287
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt049711573
IRS990/LandBldgEquipBasisNetGrp/BOYAmt037414386
IRS990/LandBldgEquipBasisNetGrp/EOYAmt036656050
IRS990/LandBldgEquipCostOrOtherBssAmt086367623
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0110502
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020982675
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-200000
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-200000
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE MEANINGFUL EMPLOYMENT FOR PEOPLE WHO ARE LEGALLY BLIND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0164473174
IRS990/NetAssetsOrFundBalancesEOYAmt0174317284
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0243363
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0243363
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt065863320
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt065863320
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt036709
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036709
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0243166
IRS990/OccupancyGrp/ProgramServicesAmt03361315
IRS990/OccupancyGrp/TotalAmt03604481
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0953924
IRS990/OfficeExpensesGrp/ProgramServicesAmt012010251
IRS990/OfficeExpensesGrp/TotalAmt012964175
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02294
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0640768
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03498635
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04139403
IRS990/OtherExpensesGrp/Desc0COMMISSIONS
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2OTHER TAXES
IRS990/OtherExpensesGrp/Desc3OVERHEAD ALLOCATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0140773
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1490971
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29173
IRS990/OtherExpensesGrp/ProgramServicesAmt03110248
IRS990/OtherExpensesGrp/ProgramServicesAmt1-454
IRS990/OtherExpensesGrp/ProgramServicesAmt270727
IRS990/OtherExpensesGrp/ProgramServicesAmt3-11016180
IRS990/OtherExpensesGrp/TotalAmt03251021
IRS990/OtherExpensesGrp/TotalAmt1490517
IRS990/OtherExpensesGrp/TotalAmt279900
IRS990/OtherExpensesGrp/TotalAmt3-11016180
IRS990/OtherLiabilitiesGrp/BOYAmt03345347
IRS990/OtherLiabilitiesGrp/EOYAmt03731906
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1COMMISSIONS
IRS990/OtherRevenueMiscGrp/Desc2SERVICE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0309772
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1251925
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt212873
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0309772
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1251925
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212873
IRS990/OtherRevenueTotalAmt0374570
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05242819
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019324219
IRS990/OtherSalariesAndWagesGrp/TotalAmt024567038
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0447822
IRS990/PayrollTaxesGrp/ProgramServicesAmt01511876
IRS990/PayrollTaxesGrp/TotalAmt01959698
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0916620
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02552566
IRS990/PensionPlanContributionsGrp/TotalAmt03469186
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0549634
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0658572
IRS990/PrincipalOfficerNm0WILLIAM HUDSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$199,894,262
Liabilities
$25,576,978
Net assets
$174,317,284
Revenue
$67,625,356
Expenses
$57,781,246
Net income
$9,844,110
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$237$40.9$196$359$343$16.5
2023Detailed filing. Detailed filing data is available for this year.$216$36.5$180$296$289$6.91
2022Detailed filing. Detailed filing data is available for this year.$199$26.5$173$48.9$61.6$12.6
2021Detailed filing. Detailed filing data is available for this year.$208$22.6$186$66.5$64.3$2.25
2020Detailed filing. Detailed filing data is available for this year.$209$25.3$183$68.1$64.0$4.07
2019Detailed filing. Detailed filing data is available for this year.$204$24.7$179$70.4$65.5$4.93
2018Detailed filing. Detailed filing data is available for this year.$200$25.6$174$67.6$57.8$9.84
2017Detailed filing. Detailed filing data is available for this year.$183$19.0$164$58.6$58.8$0.22
2016Detailed filing. Detailed filing data is available for this year.$188$18.5$170$61.5$59.7$1.81
2015Detailed filing. Detailed filing data is available for this year.$191$23.6$168$68.9$72.4$3.48
2014Detailed filing. Detailed filing data is available for this year.$199$27.4$171$56.4$56.7$0.35
2013Summary only. Only limited summary data is available for this year.$191$19.1$172$56.9$62.4$5.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$197$19.4$177$53.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$200$18.9$182$44.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$19.9$160$44.7